EURUSD longterm outlook by FxArsenal

by | January 7, 2012 2:16 pm
Since New Year EURUSD has significantly declined breaching a few major support levels and reaching its low from beginning of 2011.

EURJPY technical outlook by FxArsenal

by | December 29, 2011 3:46 pm
Today EURJPY has tested ultra strong both historical and psychological support level 100.00. In case of breach of 100 level,

EURUSD outlook by

by | December 26, 2011 11:40 am
EURUSD bounced of its strong support level – area of 1.2940 ,one year-low, and was stuck in horizontal trend during entire week.

Glance at EURUSD by

by | December 9, 2011 9:41 am
 After almost entire week of horizontal trend on EURUSD, now we might be witnessing comeback to more decisive downward movements. This time, we should justify current situation deploying fundamental analysis basics and in particular behavioral finance.

Glance at EURUSD by

by | January 17, 2011 8:15 pm
Since Friday EURUSD pair has been moving in a downward trend that is currently narrowing. Declining volatility indicates high probability of strong surge on a price chart to come. Strong signal biasing toward further dollar depreciation might...

Glance at EURUSD by

by | January 12, 2011 1:23 pm
Main currency pair is currently stuck in the enduring upward correction. We hold an considered opinion that in scenario of present tendency sustained, the target is Fibonacci retracement the level of 1.3092. Factor that may hinder further...

EURUSD technical outlook by

by | January 4, 2011 9:38 am
Main currency pair is currently leveling downward correction that began on Friday. Strong resistance that may hinder or even stop further Euro appreciation is green trend line (chart below). In scenario of breaching mentioned trend line, target...

Glance at EURUSD by

by | December 30, 2010 9:39 am
Today we will got acquainted with two last in this week data releases coming from USA. Namely Initial Claims and Pending Home Sales. Data stating current condition of labor market is expected to improve this week and...

Week report by

by | December 26, 2010 3:51 pm
USD Index chart USDX situation remained actually unchanged in comparison with previous week’s one. It consolidated in a price range between 80.31 and 80.82, forming rectangular price pattern. As rectangular is a trend continuation pattern  we are...

GBPUSD technical outlook by

by | December 23, 2010 11:35 am
GBPUSD is currently in a rather short-term upward correction moving in a range of yesterday’s low the level of 1.5359 to Fibonacci retracement the level of 1.5438.